Coloray International Investment Co., Ltd. announced a private placement of 10,041,675 shares at a price of KRW 1,200 for gross proceeds of KRW 12,050,010,000 on June 23, 2022. The company is raising funding through 3rd party allocation increase method. The transaction will include participation from new investor Giant Nexus Limited for 5,398,750 shares and from new investor DE Investment Holdings Limited for 4,642,925 shares.

The payment date is July 1, 2022. The transaction has been approved by the board of directors.